Follow Us:

Frequently Asked Questions

Home Frequently Asked Questions

General Questions

New around here ? Start With the Basics

Why use a finance broker rather than my normal bank?

A finance broker offers a wider selection of products from various lenders and banks, making it easier to find the best fit for your needs.


They can also simplify the approval process. On the other hand, a bank can only offer its own products and may not be able to provide the same level of assistance.

Why would I use a finance broker rather than a car dealer?

A finance broker can provide more options, support, and pre-approval when purchasing a car. This gives you an upper hand in negotiating and ensures that you have access to a wider range of lending options, making it easier to find the best loan for you.

What is Regent Finance’s point of difference?

We are an award-winning brokerage with 30+ years of experience in providing expert assistance and resources. We pride ourselves on our personable relationships and ability to arrange the best finance option for you!

Can I make extra repayments?

Fixed-rate loans are a type of loan where the interest rate is set for the entire loan term. These loans typically do not allow for extra repayments, which can benefit an economy with rising interest rates, as the repayments will not increase. Fixed-rate loans are commonly used for vehicles, equipment, and personal loans.


On the other hand, variable-rate loans have an interest rate that can fluctuate over time. These loans typically allow for extra repayments, which can help you pay off the loan quicker and save on interest. Variable-rate loans are primarily used for property loans, such as mortgages.

Can I apply for a loan even though I have not decided on what vehicle I want?

Yes, we can base the approval on your preferred purchase price and a vehicle you are considering. If the vehicle you end up choosing is different, we can alter the approval. We recommend this process as it will reduce the time between finding your desired vehicle and taking delivery of it. It will give you buyers confidence as sometimes un-expected variables may arise in the application process that delay or complicate approvals.

Can I get a loan if I have bad credit?

Yes, in some situations, we may be able to get you a loan with bad credit, as we have lenders who specialize in this area.

Need Help?

Please Feel Free To Contact Us. We Will Get Back To You With 1-2 Business Days.
(03) 9480-2000